Daily Oil, Gold, Silver Technical Analysis | April 28, 2026

Gold bearish continuation

Gold has extended its recent weakness and has now reached the key $4,546 support level. The bearish move is still showing pressure, which means we could see more attempts on this support area in the near term. If buyers fail to defend the level, then the correction may continue toward lower support zones. For now, traders will focus on whether gold can stabilize here or if sellers will force a deeper breakdown.

Today’s critical levels to watch:

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Support: $4,546, $4,500, $4,380

Resistance: $5,000, $5,200, $5,500

Silver targeting $70.00

Silver continues to move lower and remains on track toward the $70.00 support level. The current structure still points to additional downside pressure, especially after the repeated failure to reclaim higher resistance. If the metal reaches $70.00, traders will watch closely for a reaction. A solid bounce could trigger a recovery attempt, while a clear break below it would expose the next lower support zones.

Today’s critical level to watch:

Support: $70.00, $54.00, $50.00

Resistance: $80.00, $83.91, $85.00, $100.00, $120.00

Crude oil bullish continuation

Crude oil is moving higher again and has printed a new higher high, suggesting that bulls are slowly starting to seize control of the market. The advance is not explosive, but the steady grind upward shows improving bullish sentiment. As long as the price continues to hold above recent support levels, the path remains tilted to the upside. Traders will now watch whether the market can build on this momentum and continue climbing toward the next resistance zone.

Today’s critical level to watch:

Support: $95.00, $90.00, $85.00, $80.00, $77.13

Resistance: $100.00,

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